MoneyGram International

Senior FX Trader - Africa coverage

MoneyGram International

Dubai - United Arab Emirates
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a seasoned FX trader with a passion for the African market? Do you thrive in a fast-paced, dynamic environment where your expertise and strategic thinking can make a significant impact? If so, we have an exciting opportunity for you as a Senior FX Trader - Africa coverage at MoneyGram International. As a leading global provider of money transfer services, MoneyGram is seeking a highly skilled and experienced FX trader to join our team and help us expand our presence in the African market. This role requires a strong understanding of FX trading, excellent analytical skills, and a deep knowledge of the African financial landscape. If you have a passion for driving business growth and a keen eye for market trends, we want to hear from you. Join us and be a part of our mission to connect the world through money transfers.

  1. Conduct FX trading activities in the African market to maximize profitability for MoneyGram International.
  2. Monitor and analyze market trends, economic conditions, and political developments in African countries to inform trading decisions.
  3. Develop and implement trading strategies to increase market share and drive business growth in the African market.
  4. Collaborate with internal teams, including risk management and compliance, to ensure compliance with regulatory requirements and company policies.
  5. Identify and pursue new business opportunities and partnerships in the African market to expand MoneyGram's reach.
  6. Maintain relationships with key stakeholders, including financial institutions and government agencies, to stay informed of market conditions and potential opportunities.
  7. Analyze and report on FX trading performance in the African market, providing insights and recommendations for improvement.
  8. Stay up-to-date on industry developments and changes in the African financial landscape to inform trading strategies.
  9. Mentor and train junior traders on FX trading best practices and market knowledge.
  10. Represent MoneyGram at industry events and conferences to promote our services and network with potential partners.
Where is this job?
This job is located at Dubai - United Arab Emirates
Job Qualifications
  • Extensive Experience In Foreign Exchange Trading: The Ideal Candidate Should Have A Minimum Of 7-10 Years Of Experience In Foreign Exchange Trading, With A Proven Track Record Of Success In The African Market. They Should Have A Strong Understanding Of The Local Currency Dynamics And Market Trends.

  • Strong Knowledge Of African Markets: The Senior Fx Trader Should Have A Deep Understanding Of The African Market, Including Its Economic And Political Landscape, As Well As Regulatory Frameworks. They Should Also Have A Strong Network Of Contacts In Key African Countries.

  • Risk Management Skills: As A Senior Trader, The Candidate Should Have A Strong Understanding Of Risk Management Principles And The Ability To Develop And Implement Effective Risk Management Strategies To Mitigate Potential Losses.

  • Excellent Analytical Skills: The Senior Fx Trader Should Possess Strong Analytical Skills And Be Able To Analyze And Interpret Market Data And Trends To Make Informed Trading Decisions. They Should Also Be Able To Quickly Adapt To Changing Market Conditions.

  • Strong Communication And Leadership Skills: The Candidate Should Have Excellent Communication Skills, Both Written And Verbal, To Effectively Interact With Clients, Colleagues, And Partners. They Should Also Have Strong Leadership Skills To Effectively Manage A Team And Mentor Junior Traders.

Required Skills
  • Risk Management

  • Emerging Markets

  • Financial forecasting

  • Portfolio Management

  • Market analysis

  • Trade Execution

  • Hedging Strategies

  • Cross-Border Transactions

  • Currency Trading

  • Derivative Instruments

  • Foreign Exchange Rates

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • Interpersonal Skills

  • creativity

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Senior FX Trader - Africa coverage in Dubai - United Arab Emirates is between AED 25,000 and AED 45,000 per month. This is equivalent to approximately $6,800 to $12,300 in USD. However, the actual salary may vary depending on factors such as experience, qualifications, and the specific company and industry.

Additional Information
MoneyGram International is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesArabic
Job PostedDecember 19th, 2024
Apply BeforeAugust 19th, 2025
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About MoneyGram International

MoneyGram International Inc. is a money transfer company based in the United States with headquarters in Dallas, Texas. It has an operations center in St. Louis Park, Minnesota and regional and local offices around the world.

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